Streetbeat News

Partnerships

DCOM

Dime Community Bancshares has expanded its presence in Manhattan by establishing a new deposit-focused group. This move is part of the company's strategy to enhance its deposit base and strengthen its market position in New York City.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2024 | 7:52 am

ALV

Autoliv and the UN Road Safety Fund have renewed their collaboration to improve motorcycle safety globally, supporting UN Sustainable Development Goal 3.6 and Autoliv's goal of saving 100,000 lives annually.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2024 | 7:51 am

TXN

Texas Instruments (TXN) is collaborating with Delta Electronics to advance electric vehicle onboard charging. The partnership will leverage both companies' R&D capabilities in power management and power delivery to optimize power density, performance, and size, aiming to make EVs safer, faster-charging, and more affordable.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2024 | 6:36 am

ZOOZ

ZOOZ Power has doubled the charging capacity on the Cross-Israel Highway by installing its flywheel-based power boosting and management solution at a second site. This installation, in partnership with Dor-Alon and AfconEV, allows for increased ultrafast charging without grid upgrades.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2024 | 6:16 am

PXLW

Pixelworks has partnered with Tencent's Honor of Kings to enhance mobile gaming performance using its IRX rendering acceleration technology. This technology provides a smooth 120fps gaming experience with low power consumption.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2024 | 5:54 am

AMZN

GOOG

GOOGL

Anthropic, an AI startup backed by Google and Amazon, has unveiled its most advanced AI model, Claude 3.5 Sonnet. This model is faster and more efficient than its predecessor and is available for free on the company's website and iPhone app. The model can also be accessed through Amazon Bedrock and Google Cloud's Vertex AI.

Portfolio Pulse from Ananya Gairola

June 21, 2024 | 5:26 am

AAPL

BABA

BIDU

Apple's AI expansion in China faces significant challenges due to stringent local regulations and rising competition from local companies like Huawei. The company may need to develop localized AI models and consider partnerships with Chinese tech giants such as Baidu and Alibaba to comply with regulations and succeed in the market.

Portfolio Pulse from Benzinga Neuro

June 21, 2024 | 2:06 am

BTCUSD

COIN

Former President Donald Trump received $2 million in Bitcoin donations from the Winklevoss twins, co-founders of Gemini, as he shows support for the cryptocurrency sector. The twins criticized the Biden administration for its stance on crypto, claiming it has weaponized government agencies against the industry. This support could boost Trump's 2024 presidential campaign, especially among pro-crypto voters.

Portfolio Pulse from Chris Katje

June 20, 2024 | 11:00 pm

DIS

META

Khloe Kardashian has signed a video podcast deal with social media platform X, owned by Elon Musk. The podcast will be part of X's 'Originals on X' launch and will feature 26 episodes starting in fall 2024. This move is part of X's strategy to grow its video content offerings.

Portfolio Pulse from Chris Katje

June 20, 2024 | 10:06 pm

OII

Oceaneering International (OII) has secured a significant contract worth approximately $50 million from a domestic independent energy company. The contract involves supplying an electro-hydraulic, steel tube dynamic umbilical for a project in the Gulf of Mexico. Manufacturing will begin in 2025 at the Panama City, Florida facility, with final delivery expected in Q2 2026.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 9:06 pm